1480 S Rita Lane

Tempe, AZ
$ 240,000 Beds 1 Baths 1 Sq 637
Monthly Estimate* How much can I afford?

*QUALIFIED BUYERS MAY RECEIVE UP TO AN ADDITIONAL $32,000 IN DOWN-PAYMENT ASSISTANCE*** incredible home and opportunity is only available to income eligible buyers who don't currently own a home. Income limits are based on household size (have not owned a home in the last 3 years or ever) who meet income criteria based on household size (less than) 1- $94,440 2 -$108,000 3 - $121,440 4 -$134,880 5 - $145,680 6 - $156,480 7 - $167,280 8 - $178,080

Active

  • Price
  • $ 240,000
  • City
  • Tempe
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • MARICOPA
  • Half Bathrooms
  • 0
  • Area
  • Tempe Micro Estates
  • Lot Size
  • 0.02 Acres
  • Zip
  • 85281
  • Sqr Footage
  • 637
  • Year Built
  • 2021
  • Taxes
  • $ 1442
  • Style
  • Residential
  • MLS#
  • 7062698
Listed By: Fathom Realty Elite; 480-576-9200
Data Source: Arizona Regional MLS (ARMLSN)

Features

General

Sewer Sewer in & Cnctd,Public Sewer
Heating Ductless
Cooling Ductless
Possession Close Of Escrow
Roof Foam
HOA Fee 170.0
Garage Spaces 0.0
Association Fee Includes Sewer,Maintenance Grounds,Street Maint,Trash,Water
Construction Materials Stucco,Wood Frame,Painted
Year Built 2021
Township 1N
Property Subtype Single Family Residence
Tax Year 2025
Ownership Leasehold
Assoc Fee Paid Per Monthly
County Maricopa
New Construction No
Property Type Residential
HOA Yes
Subdivision Name TEMPE MICRO ESTATES
Special Listing Conditions Owner Occupancy Req,Exclusions (SeeRmks)
Status Active
Directions South on Rural,East on Spence,South on Rita Ln
High School Tempe High School
City Tempe
Disclosures Agency Discl Req,Seller Discl Avail
Land Lease Amount 0.0
Association Name Tempe Micro Estates
High School District Tempe Union High School District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 1046.0
Carport Spaces 1.0
Carport Y/N No
Spa Features None
Elementary School Joseph P. Spracale Elementary School
Property Attached Y/N No
Land Lease Y/N Yes
Tax Annual Amount 1442.0
Home Warranty Y/N No
Middle/Junior High School McKemy Academy of International Studies
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Builder Name 180 Degrees Design and Build
Standard Status Active
Occupancy Type Vacant
Elementary School District Tempe School District
Tax Lot 4
MobileHomeRemainsYN No
Land Lease Amount Frequency Monthly
New Financing: Conventional True
Senior Community No
Ttl Monthly Fee Equiv 170.0
New Financing Cash True

Interior Features

Interior Amenities Non-laminate Counter
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Inside
Total Bedrooms 1
LivingAreaSource Appraiser
Total Baths 1
Bedrooms Possible 1
Other_sp_Rooms_co_Great_sp_Room True
Built-in Microwave True
Non-laminate Counter True

Exterior Features

Fencing Front Yard
Lot Features North/South Exposure,Desert Front,Gravel/Stone Back
Water Source Public
Lot Size Area 1046.0
Spa No
Lot Size Acres 0.02
Lot Size Source Assessor
Waterfront Y/N No
Covered Spaces 1.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Gold Canyon, AZ office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Joseph P. Spracale Elementary School
Middle School McKemy Academy of International Studies Middle School
High School Tempe High School

Price History

8/12/2026 Listed $240,000

Property vs Zip Code Average in 85281

Price
AVG $600K
$240K
Taxes
AVG $2,338
$1,442
Year Built
AVG 1964
2021
Visits
AVG 177
17
Data Provided by Inside Real Estate®

Areas That We Cover

1480 S Rita Lane Tempe, AZ is a Single Family Home for sale at $240000 with 637 sqft and a lot size of 0.02 Acres Acre(s). 1480 S Rita Lane Tempe has 1 bedrooms, 1 baths and was built in 2021. The property's zip code is 85281 which is in Tempe, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.